---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-015723"
form_type: "8-K"
ticker: null
cik: "0000713425"
company_name: "LOGILITY SUPPLY CHAIN SOLUTIONS, INC"
filed_at: "2024-04-11T23:59:59+00:00"
generated_at: "2026-06-04T00:13:28.602188+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# American Software to eliminate Class B stock, convert each share to 1.2 Class A shares

## Summary
- Each Class B share converts to 1.2 Class A shares, eliminating dual-class structure; subject to shareholder approval.
- Class B holder James Edenfield (37.1% voting power) irrevocably agrees to vote in favor at 2024 annual meeting.
- Post-closing: Class B holder subject to 10-month transfer restriction on converted shares.
- Board unanimously recommends approval; transaction expected to close in second half of 2024.
- Class B holder waives right to nominate Class B directors until closing or termination of agreement.

## SEC filing metadata
- accession: 0001628280-24-015723
- form_type: 8-K
- cik: 0000713425
- company_name: LOGILITY SUPPLY CHAIN SOLUTIONS, INC
- filed_at: 2024-04-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/713425/000162828024015723/0001628280-24-015723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/713425/000162828024015723/amswa-20240411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-015723
- JSON: https://secwatch.observer/filing/0001628280-24-015723.json
- Plain text: https://secwatch.observer/filing/0001628280-24-015723.txt

## Key facts
- Material Agreements
  LOGILITY SUPPLY CHAIN SOLUTIONS, INC entered into Reclassification Agreement with James C. Edenfield (effective 2024-04-10).
  - Action: entry
  - Counterparty: James C. Edenfield
  - Effective: 2024-04-10
  source text: the Company entered into a Reclassification Agreement, dated April 10, 2024 (the “Reclassification Agreement”), with James C. Edenfield
  evidence_url: https://www.sec.gov/Archives/edgar/data/713425/000162828024015723/0001628280-24-015723-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.